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Worcester 01610 Vernon Hill
8 Raymond St
$144,500
● House - Off Market

8 Raymond St

Worcester, MA 01607
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,040 Ft²
$266,289
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

Look no further, come fall in love for the holidays and start the new year with this ready to move in fantastic home at a bargain price.  2- 3 bedrooms bedrooms, freshly painted, refinished hardwoods, fully applianced including washer and dryer, clean and newly painted walls and flooring.  Two bonus enclosed sunrooms on each side of the house. Oversized 2 car garage, with plenty off street parking and a large leveled yard. Well insulated with new energy efficient windows. Full basement, with high ceilings and concrete foundation, very clean with fully painted floors and walls, newer gas furnace and new hot water tank.  Circuits breakers. Access to Route 146, 290 and the Mass Pike.  Updated furnace and energy efficient windows.
Unit Size
1,040 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$142
Property Type
House
Property Taxes
$245
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #71777893)

Price History

Date / Event Date Event Price
Apr 3, 2015 Sold
Premium
Sold
Dec 19, 2014 Listed by EXIT Realty Partners $147,300
Listed by EXIT Realty Partners
Nov 25, 2014 Sold
Premium
Sold
Sep 24, 2014 Listed by EXIT Realty Partners $130,000
Listed by EXIT Realty Partners

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 832
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 1,040
  • Gross Building Area: 2,558
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732600

Zoning

  • Zoning: RG-5

Geography

  • Account Number: 10-030-00031
  • Parcel: WORC M:10 B:030 L:00031
  • Block: 30
  • Lot: 31
  • Municipality: WORCESTER
  • Latitude: 42.2427
  • Longitude: -71.8001

    Address

  • Full Address: 8 Raymond St
  • Address - House Number: 8
  • Address - Street Name: Raymond
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C004
  • 4-Digit Zip Code: 1023
  • Zip Code: 01607

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $318,800

    Appraisal Valuation

  • Standard Deviation: 0.2038
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 306,905
  • High Value: 369,456
  • Low Value: 244,355

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $222,300
  • Assessed Land Value: $85,700
  • Assessed Improvements Value: $136,600

    Sales

  • Current Sale Recording Date: Apr 03, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 28412
  • Previous Sale Recording Date: Nov 25, 2014
  • Previous Sale Amount: $102,000
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Vernon Hill

Stats & Trends

Median Asking:

$679,450

Sale Price/ft²

$207

Below Asking

0.01%

Average Days on Market

56

Average Home Size

3034 ft²

Average Home Age

114.9 years

Currently For Sale

19 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 42 Vernon Street, MA, 01610

$958 /mo

  • 1 Bed
  • 1 Bath
42 Vernon Street, MA, 01610 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71777893

Frequently Asked Questions

When was property at 8 Raymond Street built and last sold?
The property at 8 Raymond Street was built in 1960 and last sold on Jan 1, 1970 for $144,000.
How much is this home worth?
The estimated value of the home located at 8 Raymond Street is $154,396.
What are some comparable homes to 8 Raymond Street?
There are currently no comparable homes to 8 Raymond Street.
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